Closing and Post Closing. (a) The closing of the transactions contemplated herein (the “Closing”) shall occur on the Effective Date.
Closing and Post Closing. 5.1 By the Amalgamation Date, the Amalgamated Credit Union shall submit to the Minister the following items:
Closing and Post Closing. 5.1 Unless otherwise agreed in writing between Buyer and Seller, the closing (“Closing”) of the purchase and sale of the Property shall be held at a time during normal business hours on , 2017 (the “Final Closing Date”), which date shall be within thirty (30) days of the end of the Due Diligence Period, at the offices of Escrow Agent, which are located at 0000 Xxxxxxx Xxxxx Parkway, Suite 350, Stockbridge, Georgia 30253. The Closing shall occur by delivery or transmission of applicable closing documents by hand or overnight delivery to the Escrow Agent to be held in escrow by the Escrow Agent and not to be released until the consummation of the Closing on the date scheduled therefore in accordance with the terms of this Agreement. Buyer shall have the right to extend the Final Closing Date for one (1) period of thirty (30) calendar days by notifying Seller in writing thereof prior to the expiration of the initial Final Closing Date.
Closing and Post Closing. 2.1 The consummation of the sale to and purchase by the WPG Shareholders of IBNL's Common Stock contemplated hereby (the "Closing") shall be effective upon final execution and delivery by all of the parties of this Agreement and each of the agreements and certificates specified in this Section 2.1 (the "Closing Date"). If the Closing fails to occur by June 30, 1998, or by such later date to which the Closing may be extended as provided hereinabove, this Agreement shall automatically terminate, all parties shall pay their own expenses incurred in connection herewith, and no party hereto shall have any further obligations hereunder; provided, however, that no such termination shall constitute a waiver by any party or parties which is not in default of any of its or their respective representations, warranties or covenants herein, of any rights or remedies it or they might have at law if any other party or parties is in default of any of its or their respective representations, warranties or covenants under this Agreement. At the Closing, as conditions thereto,
Closing and Post Closing. 9.1 Closing shall take place at the office of CBI, 1701 Route 70 East, Cherry Hill, New Jersey, commencing at 10:00 X.X. xx xxx xxxxx xxxxxxxx xxx immediately following the later of (i) the approval of the Merger by IBI shareholders or (ii) approval of the Merger by all regulatory authorities and the expiration of all applicable waiting periods, or such other date as is mutually agreed to by CBI and IBI provided that all conditions precedent to the obligations of IBI and CBI to close have then been met or waived. Immediately upon completion of the closing, CBI shall be telephone instruct its representative in Trenton, New Jersey to file, or shall otherwise cause the filing of, an executed Certificate of Merger with the New Jersey Secretary of State in accordance with Chapter 10 of the BCA.
Closing and Post Closing. ACTIONS On the Effective Date, the Parties shall undertake the following actions in the sequence set out below: 4.1. The Transferor shall provide the Transferee a copy of the resolution passed by the board of directors of the Company approving the execution of the Second Amendment to the Share Subscription and Shareholders Agreement in the form of Annexure C and the Option in Annexure D. 4.2. All shareholders of the Company shall waive their pre-emption and other rights for transfer of the Sale Shares by Transferor to Transferee under the Share Subscription and Shareholders Agreement dated March 23, 2012 as further amended from time to time (“SSSA”) and the articles of association of the Company and shall have no objection to the transfer of Sale Shares from Transferor to Transferee and shall execute and deliver to the other the Second Amendment to the Share Subscription and Shareholders Agreement in the form of Annexure C. 4.3. The Parties shall execute and deliver to the Transferee an Option in the form of Annexure D. 4.4. The Transferee shall purchase and acquire from the Transferor the Sale Shares along with the title and interest of the Transferor in and unto the Sale Shares together with all benefits, rights and obligations attaching thereto as at the Effective Date, free and clear of all encumbrances for the consideration which is equivalent to an approximate aggregate amount equal to $3,000,000 and is represented in its entirety by the Securities. 4.5. The Transferor shall sell and deliver to the Transferee the Sale Shares along with the title and interest of the Transferor in and unto the Sale Shares together with all benefits, rights and obligations attaching thereto as at the Exhibit 10.4 Effective Date, free and clear of all encumbrances by delivering to the Transferee the original share certificates and the duly executed and stamped transfer deeds in respect of the Sale Shares and such other documents, if any, which may be reasonably required to give good title to the Sale Shares. 4.5.1. The Transferor shall cause the Company to convene a meeting of the board of directors of the Company for passing the resolutions to (i) take on record the transfer of the Sale Shares unto and make the necessary entries in its statutory registers maintained under the Companies Act, 2013 (“Act”) to record the aforesaid transfer of Sale Shares in favor of the Transferee; and (ii) appoint two directors nominated by the Transferee on the board of the Company (“Tran...
Closing and Post Closing. 5.1 Unless otherwise agreed in writing between Buyer and Seller, the closing of the purchase and sale of the Property ("Closing") shall occur on or before June 1, 2016 at the office of First American Title Company or at any other location that the Parties agree upon.
Closing and Post Closing. The consummation of the sale to and purchase by the Purchasers of the Company's Common Stock contemplated hereby (the "Closing") shall be effective upon final execution and delivery by all parties of this Agreement and each of the agreements and certificates specified in this Article 2 (the "Closing Date"). If the Closing fails to occur by July 31, 1998, or by such later date to which the Closing may be extended as provided hereinabove, this Agreement shall automatically terminate, all parties shall pay their own expenses incurred in connection herewith, and no party hereto shall have any further obligations hereunder; At the Closing, as conditions thereto,
Closing and Post Closing. 4.1. Closing shall take place at the offices of Hall Xxxxxxx Xxxx Xxxxxxxxx & Wood, LLP at 000 Xxxxx Xxxxxx, Xxx Xxxx, XX 00000-0000, XXX. All actions taken at the Closing shall be deemed to have been taken simultaneously at the time the last of any such actions is taken or completed. The Closing shall occur at 3:00 P.M. local time on the Closing Date.
Closing and Post Closing. 14 7 Extension of exercise period for Executive Scheme and Employee Scheme.........................18 8 Warranties....................................................................................18 9 Limitation of the Seller's Liability..........................................................21 10 Claims........................................................................................24 11 Indemnification...............................................................................25 12 Confidentiality...............................................................................31 13 Restrictions on Business Activities...........................................................32 14 Guarantee.....................................................................................34
